The D&O Diary’s swing through the Asia Pacific region continued last week with a short stop in Singapore. The same hot and steaming conditions that prevailed in Hong Kong were also in effect in Singapore, although because Singapore is only about 90 miles from the equator, the conditions were the same but more so. Singapore is a small, wealthy city state. Its geographic size is comparable to that of New York City, although Singapore’s population (about 5.8 million) is less than that of New York (about 8.9 million); Singapore’s population is larger than every U.S. city other than New York. Continue Reading A Visit to Singapore
Guest Post: Professional Services: What Does this Term Mean in an Exclusion Clause?


As I have noted in several posts on this site (most recently here), one of the recurring D&O insurance coverage questions is the extent of the preclusive effect of the professional services exclusion. In the following guest post, Rehana Box and Marie Vlassis of the Ashurst law firm take a look at judicial developments in Australia regarding this issue. This article previously appeared in the LexisNexis Australian Insurance Law Bulletin. I would like to thank Rehanna and Marie for their willingness to publish their article on this site. I welcome guest post submissions from responsible authors on topics of interest to this blog’s readers. Please contact me directly if you would like to publish a guest post on this site. Here is Rehana and Marie’s guest post. Continue Reading Guest Post: Professional Services: What Does this Term Mean in an Exclusion Clause?
D&O Liability: More Litigation Globally against a Broader Range of Defendants
In conjunction with my July 2016 visit to Munich for meetings at Munich Re, I sat down for an interview with Christian Furhmann, Chief Executive Manager at Munich Reinsurance Company. The interview, which Munich Re previously published here, is reprinted below. I would like to thank my friends at Munich Re for their permission to republish the interview on this site. Continue Reading D&O Liability: More Litigation Globally against a Broader Range of Defendants
A Visit to Hong Kong
The D&O Diary’s Asia Pacific travels continued this past week in Hong Kong for meetings and to participate in the PLUS Hong Kong Professional Liability Symposium. Early September is late in Hong Kong’s monsoon season, which meant that conditions were generally hot and steamy throughout my visit. It also meant periodic drenching downpours that discouraged any idea of outdoor activities. Despite the less than ideal weather conditions, I did manage to get a little bit of a look around while I was in Hong Kong. Continue Reading A Visit to Hong Kong
Guest Post: Arbitration in India – Is it Now Feasible?

In keeping with my goal of presenting important topics concerning jurisdictions outside the United States, I am pleased to present this guest post by Sakate Khaitan of Khaitan Legal Associates about recent legislative changes in Indian that will impact the availability of arbitration procedures in that country. I would like to thank Sakate for his willingness to publish his article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this site’s readers. Please contact me directly if you would like to submit a guest post. Here is Sakate’s guest post. Continue Reading Guest Post: Arbitration in India – Is it Now Feasible?
Yet Another Round of Frisbee Photos
With summer winding down, more readers have been sending in pictures of their Tenth Anniversary D&O Diary Frisbees, with many of the pictures taken on family vacations. It always a pleasure to see the many places where readers have taken their Frisbees for their photo shoot. Readers will recall that in connection with The D&O Diary’s recent tenth anniversary, I offered to send out a D&O Diary Tenth Anniversary Frisbee to anyone who requested one – for free — but only if the Frisbee recipient agreed to send me back a picture of the Frisbee and a description of the circumstances in which the picture was taken. I have already published several rounds of Frisbee Photos (all of which can be found here), and now it is time for the next round. Continue Reading Yet Another Round of Frisbee Photos
Notes from Sydney
The D&O Diary was on assignment last week in Australia, to attend and participate in the annual conference of the Australian Professional Indemnity Group (APIG), in Sydney. As a result of my travels to the conference, I once again experienced the miracle of modern technology. You can leave your home in, say, Cleveland, and less than 24 hours later you can be walking on a beach in Australia. I have made this trip or its equivalent many times now, but it still never ceases to amaze me. Continue Reading Notes from Sydney
What to Watch Now in the World of D&O
Every year just after Labor Day, I take a step back and survey the most important current trends and developments in the world of Directors’ and Officers’ liability and D&O insurance. This year’s survey is set out below. Once again, there are a host of things worth watching in the world of D&O. Continue Reading What to Watch Now in the World of D&O
Guest Post: Litigation Finance: Stop The Hide-And-Seek Game
Litigation Funding is an increasingly important part of the current litigation scene, but it remains controversial. One of the important issues under debate is the question of whether or not litigation funding arrangements must be disclosed. In a recent discovery-related ruling (here), Northern District of California Judge Susan Illston confronted this question of whether or not a class action plaintiff must disclose third-party litigation funding contracts. As discussed below in the following guest post from Lisa Rickard, the President of U.S. Chamber Institute for Legal Reform, takes a look at Judge Illston’s decisions and examines its relevance in the ongoing debate regarding litigation funding. I would like to thank Lisa for her willingness to publish her article as a guest post on my site. I welcome guest post submissions from responsible authors on topics of interest to this site’s readers. Please contact me directly if you would like to submit and article. Here is Lisa’s guest post. Continue Reading Guest Post: Litigation Finance: Stop The Hide-And-Seek Game
A Blast from the Past: Fugitive Comverse Technology CEO Kobi Alexander Returns to Enter Guilty Plea
A very long ten years ago – before the financial crisis, before the Euro crisis, before the Brexit vote — there was the options backdating scandal. The wave of litigation the scandal stirred up took its time to work its way through the system, but eventually the litigation was resolved and the scandal moved into the past. Even though the the scandal moved into the realm of history several years ago, there was one small but important unresolved item. The criminal case against Jacob “Kobi” Alexander, the former CEO of Comverse Technology, Inc., remained open, because shortly before he was about to be indicted, Alexander fled to Namibia. This strange but interesting chapter of the options backdating saga came closer to resolution last week when Alexander – back in the U.S. from his Namibian refuge — appeared in federal court in Brooklyn to enter a guilty plea to a single charge of securities fraud. Continue Reading A Blast from the Past: Fugitive Comverse Technology CEO Kobi Alexander Returns to Enter Guilty Plea